Xelis
XEL Rank #2109Price chart
What is Xelis?
Overview
Xelis is a privacy-focused Layer 1 blockchain built to preserve transaction confidentiality while supporting smart contract functionality. The network uses a BlockDAG structure with 5-second block times and incorporates homomorphic encryption to enhance privacy. It is intended for users seeking both programmability and privacy in a decentralized environment.
How it works
Xelis operates as a proof-of-work blockchain developed in Rust to ensure memory security. The network uses a BlockDAG consensus model rather than traditional linear blockchains. Smart contracts are executed through the Xelis Virtual Machine (XVM) using Silex, a Rust-like scripting language.
Token and supply
XEL is the native asset of the Xelis blockchain and is used to pay transaction and smart contract fees. The maximum supply is capped at 18.4 million XEL. New tokens are issued through proof-of-work mining as part of the network's consensus mechanism.
Where to trade XEL
Exchanges that list this asset
Live spot quotes from connected exchanges
XEL funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.